Economy
Dumb as it sounds: 500 shekels today, relentless poverty at 70
Populism at the expense of the future: Prof. Avi Simhon's proposal to cancel mandatory pension contributions until age 40 sounds tempting on paper, but it sacrifices the most critical years for return accumulation and burns a heavy loss for the future pension. Incomprehensible how dumb this idea is.
· Source: Walla. Photo as published in the article
Populism at the expense of the future: Prof. Avi Simhon's proposal to cancel mandatory pension contributions until age 40 sounds tempting on paper, but it sacrifices the most critical years for return accumulation and burns a heavy loss for the future pension. Incomprehensible how dumb this idea is.
